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BEAUTIFUL IN NAME AND NATURE! SENSATIONAL 4.5-STAR BROADBEACH BUSINESS | Resort Brokers ID : MR009099
$4,525,000
Permanent Management Rights, BROADBEACH QLD
Since opening its doors in 1992, the property has been a consistent strong performer in the Gold Coast holiday market.
Located in the heart of Broadbeach, the 129-apartment resort offers superior accommodation at an affordable guest price point.
Rising 34 storeys, this unmissable landmark on the Broadbeach skyline provides guests with magnificent panoramas of the ocean, beach and hinterland.
The letting component of the business operates from a stable letting pool of 35 apartments, all dedicated to short-term holiday accommodation.
In FY25, the business delivered a net operating profit of more than $649,000, underpinned by exceptional occupancy exceeding 82%.
This acquisition would suit an experienced operator seeking a top-tier asset in one of the Gold Coasts most sought-after short-term accommodation markets.
Well-established 4.5-star holiday resort
- Prime Broadbeach position— one of the GC’s most desirable short-term markets
- Iconic 34-storey tower offers strong brand recognition
- $649K+ NOP, supported by $273K+ BC salary
- 8+ years remaining on 10-year Standard Module agreements
- 35-apartment letting pool from 129 total apartments
- 3-bed, 2-bath manager’s apartment
- Excellent online presence supported by professional digital marketing
- Inspections strictly by appointment only
Date updated: 26 Feb 2026 22:00:01
More Information
- Total Purchase Price: $4,525,000
- Net Income: $ 649,173
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours